---
description: Lock & GovEarn Equilibre
---

# Locks

<figure><img src="https://2535614125-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FUopD7KJgMgVumROXCZ8a%2Fuploads%2FNhPe85cnxQzgLhOMIVWB%2F9.png?alt=media&#x26;token=c6d9a748-6cbd-4eb1-bc6a-b8c99022fe0c" alt=""><figcaption></figcaption></figure>

**Value Reference**

* 1 KELL locked for 1 year = 0.25 veKELL.
* 1 KELL locked for 2 years = 0.50 veKELL.
* 1 KELL locked for 3 years = 0.75 veKELL.
* 1 KELL locked for 4 years = 1.00 veKELL.

veKELL is an NFT encompassing the locked KELL. To vote for gauges and reap rewards like trading fees, bribes, and rebase, you require veKELL. Its value hinges on metrics such as the amount of locked KELL, duration of the lock, voteable emissions, price, and other factors. Being an NFT, veKELL can be transferred between wallets like any other NFT, but prior to that, you must reset the associated votes linked to the NFT.

For additional guidance, here is an explanation of each column in the tabl&#x65;**:**

<table><thead><tr><th width="204">Column</th><th>Description.</th></tr></thead><tbody><tr><td><strong>Get veKELL</strong></td><td>Create a new veKELL NFT.</td></tr><tr><td><strong>Merge</strong></td><td>Combine two distinct NFTs by merging the top one into the bottom one.</td></tr><tr><td><strong>KELL Supply Locked</strong></td><td>Amount of Locked KELL / %.</td></tr><tr><td><strong>Total Value Locked</strong></td><td>worth of your veKELL NFT's.</td></tr><tr><td><strong>Total Voting Power</strong></td><td>total vote amount of your veKELL NFT´s at the current time.</td></tr><tr><td><p><strong>ID + Status</strong></p><ul><li><strong>Votes not casted</strong></li><li><strong>Votes casted</strong></li><li><strong>Reset</strong></li><li><strong>No votes</strong></li></ul></td><td><p>The NFT ID of each veKELL + Vote Status.</p><ul><li>Voted in the previous epoch, votes carried over for now.</li><li>Voted in the current epoch.</li><li>NFT is reset and are not able to vote in the current epoch.</li><li>The NFT has never voted before,  vote close to the flip.</li></ul></td></tr><tr><td><strong>Locked Amount</strong></td><td>The amount of KELL locked inside each veKELL.</td></tr><tr><td><strong>Voting Power</strong></td><td>current voting power of each veKELL.</td></tr><tr><td><strong>Voting For</strong></td><td>Visbile Gauges for which each NFT had voted in the previous epoch.</td></tr><tr><td><strong>Expiry Date</strong></td><td>The date upon which each veKELL expires.</td></tr></tbody></table>

### Manage Your Locks

* **Add KELL**\
  Increase the amount of KELL locked in a veKELL to increase voting power.
* **Extend**\
  Ensure that your locks don't unintentionally expire by extending their duration regularly, either weekly or monthly, based on your initially selected locking period. This practice will also ensure that your voting power remains at its maximum capacity consistently.&#x20;
* **Transfer**\
  Transfer the NFT between wallets as you would with any other NFT, but be sure to reset your votes before initiating the transfer.
* **Reset**\
  Use the Reset Votes button when you need to transfer, merge (only the top NFT in this process), or withdraw an expired lock.
* **Withdraw**\
  This option is only visible for expired locks. Make sure to reset your votes before withdrawing.

{% hint style="warning" %}
_**Note:** Exercise extreme caution when transferring veKELL, restricting transfers exclusively to user-controlled wallets for heightened security._
{% endhint %}

If your lock _is_ _**expired**_, you can withdraw your KELL from it. \
However, before proceeding, two crucial steps must be completed:

1. Claim all the rewards associated to the expired veKELL. \
   Please perform it proactively before expiration to prevent any issues.
2. Reset the Votes associated to the expired veKELL.
